XLF - SPY Is Expensive But There Are Hiding Places
2024-03-18 16:36:39 ET
Summary
- This article has two goals.
- First, we want to assess how expensive the SPDR S&P 500 Trust ETF has become.
- Second, we want to suggest some of the alternative investment ideas if you agree that SPY has become too expensive.
- Our alternative ideas include dynamically adjusting SPY exposure with bonds, dividend stocks, selected sectors that are less overvalued, and also precious metals.
Thesis
The goal of this article is twofold, both quite straightforward. First, it will analyze how expensive the SPDR S&P 500 Trust ETF ( SPY ) has really become after its recent rallies. And second, it will analyze some of the alternative places to invest in case we successfully accomplish our first goal and convince you how expensive SPY currently is....
SPY Is Expensive, But There Are Hiding Places